RxSolutions Specialist
Towers Watson
The Role
Partner with consultants and team members to perform financial analyses including cost savings and data analysis projections, review and update of pricing and other analytical models Develop client analyses and other related documents for WTW clients and prospects including presentations and review of pharmacy contracts Analyze and compare vendor products, services, contracts and pricing guarantees Design, distribute and evaluate responses to RFPs Support the pharmacy practice on intellectual capital initiatives such as development of new financial models or tools as applicable Assist with the preparation of select client deliverables Utilize onshore-provided templates to facilitate various steps in the Rx Solutions space Coordinate with Onshore Team regarding sending requests, timing, status and follow-up Prepare deliverables within time critical schedules Monitor due dates and timelines including when there are conflicting priorities Manage follow-up questions / requests from Onshore Team Participation in project status calls as needed. Attend internal and client kick off meeting with the Onshore Team and/or other stakeholders. Schedule meetings and coordinate efforts of colleaguesIn addition to this direct client work, you will:
Attend training, meetings and/other educational events to increase understanding of trends, regulations, and developments in the market Conduct Internal Peer Reviews for other colleague’s work Develop an awareness of the insurance carrier and vendor marketplace, specifically Pharmacy Benefit Manager (PBM) Understand and effectively articulate carrier / vendor specific strengths and weaknesses Receive training from experienced consultants and assist to review client needs Comply with internal excellence and compliance requirementsThe Requirement
Bachelor’s degree (preferably in a program on mathematics or business) 2+ years’ experience working with health and benefits plans (their financials) preferably gained in a benefit consulting / brokerage firm or at a health insurance company Proficient in English, with excellent written and verbal communication skills Preferably with specific experience in one or more of the following areas: US Healthcare US Pharmacy Project management experience Well organized and detail oriented Proven ability to manage multiple projects simultaneously and produce quality deliverables on time Ability to prioritize work to meet internal/external deadlines Proven ability to identify and resolve complex issues Strong client service orientation and ability to respond to all communications effectively and in a timely manner Continuous improvement mindset – increasing task efficiency and effectiveness with each product or service repetitionAttitude and Behavior
Self-starter attitude with ability to establish priorities, work independently and with limited supervision Ability to ask the right questions and seek help where appropriate Sense of accountability; owning one’s work and taking pride in it Proactive collaboration with a global team, include taking accountability for quality and on-time delivery of own work and involving other team members when appropriate Open to learning Follow directionsTechnical Skills and Experience
Strong analytical and integrative skills Critical thinking/problem solving skills as it relates to data analysis Being able to interpret data sets Interpret financial modeling results for reasonability Experience with data entry, validation, and manipulation Excellent Microsoft Office skills, particularly in Word, Excel and PowerPoint In Excel, specifically be able to: Run pivot tables/v-lookups on data sets Learn new formulas in excel to improve data analysis Learn how the financial model functions including formulas and flow from tab to tab Run calculations on data sets (i.e., totals, percentages, percent change) Ability to review and check data against subject domain knowledge (e.g., health and group benefits) and understand the data’s applicability/accuracy for the designated purpose. Ability to conduct meetings and communicate well with onshore partners. Experience in conducting contract reviews
WTW is an Equal Opportunity employer.
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